MM2 Asia receives $190,000 demand after lease termination
MM2 Asia Ltd received a Termination and Demand Notice from HPE Facilities Services, demanding $190,000 for outstanding lease payments. MM2 Asia, acting as guarantor, is seeking legal advice and will announce further developments.
The company seeks legal advice following notice from HPE.
MM2 Asia Ltd announced it has received a Termination and Demand Notice from HPE Facilities Services Sdn. Bhd. on 26 November 2025. The notice was issued to MM2 Screen Management Sdn. Bhd., with MM2 Asia acting as guarantor.
HPE terminated the business lease agreements with MSM and demanded payment of around $190,000 (RM604.7k), representing outstanding lease payments under the terminated contracts. The sum must be paid within seven days of the notice.
The Board of Directors said it is seeking legal advice in relation to the demand. The company stated it will make further announcements when there are material developments.
(1 RM = 0.31 SGD)
